The field of HR is not without its fair share of acronyms. One of the most well-known by HR and employees alike? COBRA. Let’s dig into what COBRA actually stands for—and more importantly, what it means for HR professionals. Here's your guide to administering COBRA coverage and avoiding costly fines.
These days, there may be enough evidence to support the idea that we're in a "new normal" of healthcare in our country. Health plan initiatives over the past decade have resulted in greater consumer knowledge, growing prevalence of patient-centered care philosophies at the provider level, and increasing acceptance of insurance plans with higher up-front deductibles that incentivize shopping around for affordable care.
It’s been quite the summer for the Affordable Care Act, what with the Supreme Court voting to uphold the legislation’s individual subsidies and confirming that the law is certainly sticking around. To keep your business up to date with ACA penalties, read on for a recent update on the ACA’s reporting penalty.
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